boundworth limited

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boundworth limited Company Information

Share BOUNDWORTH LIMITED

Company Number

01152790

Shareholders

eggar trustees ltd

j.m. lindsell

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Group Structure

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Industry

Development of building projects

 

Registered Address

7 princess avenue, bognor regis, west sussex, PO21 2QT

boundworth limited Estimated Valuation

£530.3k

Pomanda estimates the enterprise value of BOUNDWORTH LIMITED at £530.3k based on a Turnover of £1.1m and 0.48x industry multiple (adjusted for size and gross margin).

boundworth limited Estimated Valuation

£135.6k

Pomanda estimates the enterprise value of BOUNDWORTH LIMITED at £135.6k based on an EBITDA of £35.6k and a 3.81x industry multiple (adjusted for size and gross margin).

boundworth limited Estimated Valuation

£4.9m

Pomanda estimates the enterprise value of BOUNDWORTH LIMITED at £4.9m based on Net Assets of £3.5m and 1.41x industry multiple (adjusted for liquidity).

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Boundworth Limited Overview

Boundworth Limited is a live company located in west sussex, PO21 2QT with a Companies House number of 01152790. It operates in the development of building projects sector, SIC Code 41100. Founded in December 1973, it's largest shareholder is eggar trustees ltd with a 51.9% stake. Boundworth Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.1m with rapid growth in recent years.

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Boundworth Limited Health Check

Pomanda's financial health check has awarded Boundworth Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

3 Strong

positive_score

3 Regular

positive_score

3 Weak

size

Size

annual sales of £1.1m, make it smaller than the average company (£2.3m)

£1.1m - Boundworth Limited

£2.3m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 64%, show it is growing at a faster rate (6%)

64% - Boundworth Limited

6% - Industry AVG

production

Production

with a gross margin of 26.4%, this company has a comparable cost of product (26.4%)

26.4% - Boundworth Limited

26.4% - Industry AVG

profitability

Profitability

an operating margin of 3.2% make it less profitable than the average company (7.5%)

3.2% - Boundworth Limited

7.5% - Industry AVG

employees

Employees

with 4 employees, this is below the industry average (6)

4 - Boundworth Limited

6 - Industry AVG

paystructure

Pay Structure

on an average salary of £48.3k, the company has an equivalent pay structure (£48.3k)

£48.3k - Boundworth Limited

£48.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £274.9k, this is equally as efficient (£274.9k)

£274.9k - Boundworth Limited

£274.9k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Boundworth Limited

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Boundworth Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Boundworth Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 96 weeks, this is more cash available to meet short term requirements (11 weeks)

96 weeks - Boundworth Limited

11 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 13.4%, this is a lower level of debt than the average (73.7%)

13.4% - Boundworth Limited

73.7% - Industry AVG

BOUNDWORTH LIMITED financials

EXPORTms excel logo

Boundworth Limited's latest turnover from March 2024 is estimated at £1.1 million and the company has net assets of £3.5 million. According to their latest financial statements, Boundworth Limited has 4 employees and maintains cash reserves of £81.6 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover1,099,7671,082,4301,073,091249,543264,7791,279,3501,565,1021,654,4951,486,9471,176,3881,035,056699,427
Other Income Or Grants
Cost Of Sales809,201801,982809,545188,129193,226882,8201,098,9481,160,1341,042,870829,257735,317497,889
Gross Profit290,566280,447263,54661,41471,553396,530466,154494,361444,077347,131299,739201,539
Admin Expenses255,001349,042196,486-5,49215,162-45,426-57,255733,744-35,283450,575457,603396,726321,168301,121-491,283
Operating Profit35,565-68,59567,06066,90656,39145,42657,255-337,21435,28315,57936,75847,35125,963-1,382692,822
Interest Payable
Interest Receivable4,1753,1985326359413239104162114125165189323220
Pre-Tax Profit39,740-65,39767,59366,96956,45145,84057,494-337,11035,44515,69236,88347,51626,151-1,059693,042
Tax-9,935-12,843-12,724-10,726-8,710-10,924-7,089-3,295-8,483-11,404-6,799-194,052
Profit After Tax29,805-65,39754,75054,24545,72537,13046,570-337,11028,35612,39728,40036,11219,352-1,059498,990
Dividends Paid
Retained Profit29,805-65,39754,75054,24545,72537,13046,570-337,11028,35612,39728,40036,11219,352-1,059498,990
Employee Costs193,104184,085177,99543,47643,450206,653230,492220,732214,122174,635169,970134,881
Number Of Employees444115666554
EBITDA*35,565-68,59567,06066,90656,39145,42657,255-337,21435,28315,57936,75847,35125,963-1,382692,822

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets2,405,0022,405,0022,405,0022,405,0022,405,0022,405,0022,405,0022,405,002391,565391,565391,565391,565391,565391,5651,396,565
Intangible Assets
Investments & Other1,005,0001,005,0001,005,0001,005,0001,005,0001,005,0001,005,0001,005,0001,005,0001,005,0001,005,0001,005,0001,005,0001,005,000
Debtors (Due After 1 year)
Total Fixed Assets3,410,0023,410,0023,410,0023,410,0023,410,0023,410,0023,410,0023,410,0021,396,5651,396,5651,396,5651,396,5651,396,5651,396,5651,396,565
Stock & work in progress
Trade Debtors214,918214,918190,050150,050130,05075,050
Group Debtors555,050535,050485,050435,050385,050335,050310,050270,050230,050
Misc Debtors4,8654,8674,8674,8674,868
Cash81,57077,46673,01268,94158,00360,26149,93645,49337,83726,91518,51531,67234,19141,22387,928
misc current assets
total current assets636,620612,516558,062503,991447,918400,178364,853320,410272,755241,833233,433221,722184,241171,273162,978
total assets4,046,6224,022,5183,968,0643,913,9933,857,9203,810,1803,774,8553,730,4121,669,3201,638,3981,629,9981,618,2871,580,8061,567,8381,559,543
Bank overdraft1
Bank loan
Trade Creditors 11,14747,20363,89262,52368,90759,553
Group/Directors Accounts32,059
other short term finances
hp & lease commitments
other current liabilities43,91749,61849,76850,44648,61946,60448,40948,99145,772
total current liabilities43,91749,61849,76850,44748,61946,60448,40948,99145,77243,20647,20363,89262,52368,90759,553
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions500,001500,001380,000380,000380,000380,000380,000381,545
total long term liabilities500,001500,001380,000380,000380,000380,000380,000381,545
total liabilities543,918549,619429,768430,447428,619426,604428,409430,53645,77243,20647,20363,89262,52368,90759,553
net assets3,502,7043,472,8993,538,2963,483,5463,429,3013,383,5763,346,4463,299,8761,623,5481,595,1921,582,7951,554,3951,518,2831,498,9311,499,990
total shareholders funds3,502,7043,472,8993,538,2963,483,5463,429,3013,383,5763,346,4463,299,8761,623,5481,595,1921,582,7951,554,3951,518,2831,498,9311,499,990
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit35,565-68,59567,06066,90656,39145,42657,255-337,21435,28315,57936,75847,35125,963-1,382692,822
Depreciation
Amortisation
Tax-9,935-12,843-12,724-10,726-8,710-10,924-7,089-3,295-8,483-11,404-6,799-194,052
Stock
Debtors20,00050,00050,00045,13549,99825,00040,00039,99920,00024,86840,00020,00055,00075,050
Creditors-11,147-36,056-16,6891,369-6,3849,35459,553
Accruals and Deferred Income-5,701-150-6781,8272,015-1,805-5823,21945,772
Deferred Taxes & Provisions120,001-1,545381,545
Cash flow from operations-711,2563,53910,874-2,3189,9114,2047,55142,819-23,772-13,282-2,684-7,220-47,028483,273
Investing Activities
capital expenditure-2,013,4371,005,000-1,396,565
Change in Investments1,005,000
cash flow from investments-2,013,437-1,396,565
Financing Activities
Bank loans
Group/Directors Accounts-32,05932,059
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue2,013,4381,001,000
interest4,1753,1985326359413239104162114125165189323220
cash flow from financing4,1753,19853263594132392,013,542-31,89732,1731251651893231,001,220
cash and cash equivalents
cash4,1044,4544,07110,938-2,25810,3254,4437,65610,9228,400-13,157-2,519-7,032-46,70587,928
overdraft-11
change in cash4,1044,4544,07210,937-2,25810,3254,4437,65610,9228,400-13,157-2,519-7,032-46,70587,928

boundworth limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Boundworth Limited Competitor Analysis

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Perform a competitor analysis for boundworth limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in PO21 area or any other competitors across 12 key performance metrics.

boundworth limited Ownership

BOUNDWORTH LIMITED group structure

Boundworth Limited has 1 subsidiary company.

Ultimate parent company

BOUNDWORTH LIMITED

01152790

1 subsidiary

BOUNDWORTH LIMITED Shareholders

eggar trustees ltd 51.95%
j.m. lindsell 20.99%
d.l. lindsell 20.99%
n. lindsell 6%
c.t. lindsell 0.08%

boundworth limited directors

Boundworth Limited currently has 3 directors. The longest serving directors include Mr Julian Lindsell (Mar 1991) and Mr Colin Lindsell (Mar 1991).

officercountryagestartendrole
Mr Julian Lindsell56 years Mar 1991- Director
Mr Colin Lindsell87 years Mar 1991- Director
Mr Duncan Lindsell52 years Oct 2002- Director

P&L

March 2024

turnover

1.1m

+2%

operating profit

35.6k

0%

gross margin

26.5%

+1.97%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2024

net assets

3.5m

+0.01%

total assets

4m

+0.01%

cash

81.6k

+0.05%

net assets

Total assets minus all liabilities

boundworth limited company details

company number

01152790

Type

Private limited with Share Capital

industry

41100 - Development of building projects

incorporation date

December 1973

age

52

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

boundworth investments limited (March 2000)

boundworth limited (April 1998)

accountant

MATTHEWS HANTON LIMITED

auditor

-

address

7 princess avenue, bognor regis, west sussex, PO21 2QT

Bank

NATIONAL WESTMINSTER BANK PLC

Legal Advisor

-

boundworth limited Charges & Mortgages

A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.

We found 3 charges/mortgages relating to boundworth limited. Currently there are 1 open charges and 2 have been satisfied in the past.

boundworth limited Capital Raised & Share Issues BETA

When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.

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boundworth limited Companies House Filings - See Documents

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